1. Calculate the overall balance for 1994 and 1998.

1994 1998 International Transactions (US$ MM) Balance of Payments for Brazil Current Accounts, nie (78ald) Goods: exports f.o.b (78aad) 44, 102 51, 136 Goods: imports f.o.b (78aad) -33, 241 -57, 739 Trade Balance (78acd) Services: exports (78add) 4, 908 7, 631 Services: imports (78aed) -10, 254 -16, 676 Balance on Goods & Services (78afd) Income received by Brazilian residents from abroad (78agd) 2, 202 4, 914 Income paid to foreign residents (78ahd) -11, 293 -24, 531 Balance on Goods, Services& Inc (78aid) Current Transfers received by Brazil, n.i.e. (78ajd) 2, 577 1, 795 Current Transfers given to foreign countries (78akd) -154 -359 Capital Account, n.l.e (78bcd) (1) Capital Account, inflows (78bad) 175 488 Capital Account, outflows (78bbd) -2 -113 Financial Account, nie (78bjd) Direct investment outflows (78bdd) (2) -1, 037 -2, 721 Direct Investment inflows into Brazil (78bed) 3, 072 31, 913 Basic Balance Portfolio investments abroad by Brazilian residents (78bfd) (3) -3, 052 -594 Portfolio Investments in Brazil by foreign residents, nie (78bgd) 47, 784 19, 013 Other investments abroad by Brazilian residents (78bhd) (4) -4, 368 -5, 992 Other investments in Brazil by foreign residents, nie (78bid) -34, 379 -21556 Net errors and omissions (5) -442 -2, 911 Capital Account Narrowly Defined Overall Balance (78cbd) Reserves and Related Items (79dad) -6, 598 16, 302 Reserve Assets (79dbd) -7, 215 6, 990 Use of Fund Credit and Loans (79dcd) -133 4, 773 Exceptional Financing (79ded) 750 4, 539